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Shandong Chenming Paper Holdings Announces 2024 AGM and Strategic Resolutions

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The latest announcement is out from Shandong Chenming Paper Holdings Co., Ltd. Class H ( (HK:1812) ).

Shandong Chenming Paper Holdings Limited has announced its 2024 Annual General Meeting (AGM) to be held on May 15, 2025. Key resolutions include the approval of the 2024 financial and supervisory reports, a decision not to distribute profits for 2024, reappointment of auditors, and the commencement of new business ventures in equipment financing and accounts receivable factoring. Additionally, a special resolution was passed to provide guarantees for subsidiaries and to authorize the issuance of new shares, reflecting the company’s strategic focus on expanding its financial and operational capabilities.

More about Shandong Chenming Paper Holdings Co., Ltd. Class H

Shandong Chenming Paper Holdings Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the paper manufacturing industry. The company focuses on producing and distributing various types of paper products and related services, with a significant market presence in China.

YTD Price Performance: -53.74%

Average Trading Volume: 1,266

Technical Sentiment Signal: Buy

Current Market Cap: €473.9M

See more data about 1812 stock on TipRanks’ Stock Analysis page.

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